Rydex Electronics Fund Class Investor (RYSIX)

135.02
Net Asset Value
-0.38%
1 Day
+2.72%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
1.38%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances- the fund invests substantially all (at least 80%) of its net assets in equity securities of Electronics Companies that are traded in the United States and in derivatives- which primarily consist of futures contracts and options on securities- futures contracts- and stock indices. It may invest to a significant extent in the securities of Electronics Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Electronics Companies and U.S. government securities. It is non-diversified.

Performance

1 month-2.27% 3 years+17.99%
3 months-1.02% 5 years+21.15%
1 year+26.90% Since inception+5.37%
Data through --

Peer Comparisonvs. Technology

 RYSIXCategory
Performance 5-yr return+21.15%+19.49%
Expense ratio1.38%1.40%
Risk 5 year sharpe ratio1.331.37
Net assets$79.4M$1.3B
Average market cap$22.1B$44.8B
Average P/E22.027.6
Portfolio turnover643%643%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 19 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock83.93%
International stock14.92%
Cash4.70%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
INTC Intel8.26%
NVDA NVIDIA Corp5.89%
TXN Texas Instruments5.70%
AVGO Broadcom Ltd5.64%
QCOM Qualcomm5.25%
AMAT Applied Materials Inc4.02%
MU Micron Technology Inc3.71%
ADI Analog Devices Inc3.20%
LRCX Lam Research Corp3.02%
MCHP Microchip Technology Inc2.49%